Local News
IRS.gov offers last-minute filing tips, resources to help taxpayers before April 15; Saturday hours at 70 locations nationwide
SUMMARY: The IRS is reminding taxpayers about the upcoming tax deadline and encourages electronic filing to avoid refund delays. Various options for automatic extensions are available for certain taxpayers, such as those living abroad or serving in the military. Free tax preparation services like VITA and TCE are offered for eligible individuals. The IRS also provides payment options for those unable to pay in full, including short-term and long-term payment plans. Assistance is available through IRS.gov, where taxpayers can find resources for tax law questions, refund tracking, and filing extensions. Planning ahead for future tax seasons is recommended to prevent any surprises.
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Local News
NCAA investigates 13 former basketball players for sports betting violations
SUMMARY: The NCAA is investigating potential sports betting violations involving 13 former men’s basketball players from six schools, including Eastern Michigan, Temple, Arizona State, New Orleans, North Carolina A&T, and Mississippi Valley. The schools are not under investigation. The probe was triggered by unusual betting activities and messages revealing players betting on their own games, sharing info for betting, manipulating outcomes, or refusing cooperation. Previously, three players from Fresno State and San Jose State were found guilty, with eligibility revoked. NCAA President Charlie Baker emphasized ongoing integrity monitoring and urged regulators to reduce risks by limiting prop bets and involving leagues in policy-making.
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Local News
Russian drone incursion in Poland prompts NATO leaders to take stock of bigger threats
SUMMARY: Poland pledged to advance military modernization after Russian drones struck its territory, raising NATO concerns about Kremlin ambitions amid ongoing war in Ukraine. The incursion, viewed by European leaders as a deliberate provocation, prompted NATO to assess airspace defenses. Finnish President Stubb warned of blurred war-peace lines in Europe. Poland plans to receive U.S. F-35 jets by 2026 and closed its Belarus border amid joint military exercises. The U.N. Security Council will meet on the incident. Meanwhile, China urged Poland to keep a Belarus rail link open. Ukraine and the UK agreed to produce interceptor drones as drone warfare intensifies in the conflict.
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Local News
US stocks inch to more records as inflation slows and Oracle soars
SUMMARY: Wall Street reached new highs as a surprising slowdown in U.S. wholesale inflation and Oracle’s optimistic AI-driven growth forecast boosted market sentiment. The S&P 500 rose 0.3%, hitting records for a second day, while the Dow fell 0.5%, dragged down by Apple. Traders anticipate the Federal Reserve will cut interest rates next week to support the economy without triggering inflation or recession. Oracle’s shares surged 35.9% after projecting cloud AI revenue to jump significantly, while chipmaker TSMC also saw gains. European markets were mixed, and U.S. Treasury yields dropped, reflecting hopes for easing monetary policy amid controlled inflation.
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